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Reminiscences of a Stock Operator

By Edwin Lefevre

Jesse Livermore began as a quotation-boy in a stock brokerage office, fresh out of grammar school. But he had a head for remembering numbers, noticing key trends in stock figures. His detailed notes of fluctuations in active stock, turned into market patterns. Patterns which could be used, and manipulated, to make huge amounts of money. He began buying and selling through bucket shops, outstripping his brokerage office salary in winnings. It was not long before he made his first $1,000. He was just 15. At just twenty years old, he had built up over $10,000 in margins. With a wealth of success, he made the switch to stock-broking. ‘Reminisces of a Stock Operator’ is a fictionalised biographical account of one of the greatest speculators who ever lived. It is a unique insight into the world of Wall Street trading, a place of Bulls and Bears, where infamous deals landed Livermore the title of Cotton King.

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